Hanwha Engine signs an agreement to acquire Norway’s SEAM for approximately $195 million, adding electric propulsion and power automation to expand its marine propulsion portfolio.
Pacific Basin signed contracts for four 40,000 dwt Handysize newbuildings at $119.2 million, with delivery planned in H1 2028.
China penalised an unidentified foreign-flagged vessel after a Ningbo inspection found a micro rectangular antenna later identified as a LEO terminal, with photos appearing to show Starlink use in territorial waters.
The Suez Canal on Tuesday saw CMA CGM JACQUES SAADE transit for the first time in two years, alongside MAERSK SEBAROK, as major liner routings begin to return.
The US has seized VLCC Bella 1, a third tanker tied to Venezuela and the second in less than 24 hours, under a warrant linked to Iranian oil trade and an OFAC sanctions listing.
Swedish customs officers have boarded the sanctioned Russian freighter Adler in Swedish waters after an engine failure, inspecting its cargo as EU- and US-sanctioned owner M Leasing LLC comes under scrutiny.
The U.S. Coast Guard has seized a second oil tanker in international waters near Venezuela, as Homeland Security Secretary Kristi Noem and Defense Secretary Pete Hegseth tie the move to President Trump’s tanker blockade policy.
Clippership has completed design work on its first 24 m autonomous, wind-powered cargo ship and signed a newbuilding contract with KM Yachtbuilders, with a Maltese-flag launch planned for late 2026.
China completed 14 NSR container voyages in 2025, up from 11 in 2024. The season ran 16 July–30 October 2025; Rosatomflot reported about 400,000 tonnes.
